206
206
Dec 4, 2012
12/12
by
CNBC
tv
eye 206
favorite 0
quote 0
he'll use that to wax his yacht. that's not like a lot of money for larry ellison. >> people have been saying this is a big deal, but isn't that what you want to have the chairman have the same as the shareholders? >> are they saying it's a degreedy ellison? the dividend at oracle is not why you buy the stock. >> i don't know how you win. you want the top executives to get the same. >> less than three quarter of a percent yielder. anyway, our next guest is one of the world's highest profile whistle blowers. michael woodford was president and ceo of japan's olympus corporation. his dream job turned in to a nightmare when he discovered the company had hidden more than $1 million in investment losses. he has a new book out called exposure. you had been at the company for a while but you were not the president and ceo. >> i'd been with the company for three decades. but became president on the first of april and was fired as president and ceo on the 14th of october. so 6 1/2 months. >> was it the previous ceo that orches
he'll use that to wax his yacht. that's not like a lot of money for larry ellison. >> people have been saying this is a big deal, but isn't that what you want to have the chairman have the same as the shareholders? >> are they saying it's a degreedy ellison? the dividend at oracle is not why you buy the stock. >> i don't know how you win. you want the top executives to get the same. >> less than three quarter of a percent yielder. anyway, our next guest is one of the...
291
291
Dec 6, 2012
12/12
by
CNBC
tv
eye 291
favorite 0
quote 0
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. heartburn symptoms causedelieves by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you...
214
214
Dec 17, 2012
12/12
by
CNBC
tv
eye 214
favorite 0
quote 0
david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>> also, the national association for business economics growth in 2013 to come in at 2.1% after growing by 2.2% in 2012. that would con
david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal...
279
279
Dec 7, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 0
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> welcome back. you can see the dow futures are down by about 23 points. s&p down by 2.25 points. in our headlines, head of irs warns if congress fails to reset the alternative minimum tax, there could be a delayed start to 2013 tax season. in programming its systems, the irs considered the congress would patch the amt. without another patch, the amt could hit as many as 33 million people for the 2012 tax year and it will take them some time to reset all of those forms. >>> and
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our...
249
249
Dec 12, 2012
12/12
by
CNBC
tv
eye 249
favorite 0
quote 0
and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can -- that fracking can be just -- it's been done, by the way, i'm told, for 30 years. it can be done safely and rationally. some of the deep wells in the gulf, and it's certainly safer than sending hundreds of thousands of kids overseas to fight wars. so this could be -- it's safer than what? like that oil pipeline would have been safe in the alternative. we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational increase in something like a carbon tax, yes. >> what would that look like? >> by the way, we may not need it anymore. i don't want to get into policy like that. it's far
and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can -- that fracking can be just -- it's been done, by the way, i'm told, for 30 years. it can be done safely and...
173
173
Dec 18, 2012
12/12
by
CNBC
tv
eye 173
favorite 0
quote 0
jillian is on the set with us and you'll be here with us for the rest of the hour. we finally have movement. >> this is a cliffhanger. i think it's going to carry on for another couple days. >> that's a much better outcome. today is tuesday, isn't it? >> they don't want to spend christmas in washington, do they? >> you have thursday, friday and monday, right? >> you have a lot of aides prepared to come back after christmas to try and make sure they're not too far away from d.c. it does look encouraging. you've had movements on both sides. you've had boehner indicating that he's willing to accept and rising tax rate for the wealthiest. at the same time, you've had the president scaling back the limit to which those tax rates go up the. >> and they're not arguing about idealogical points any more. >> exactly. >> and what about the debt ceiling? do you think this gets thrown to the mix or not? >> well, i think the white house knows very strongly that as far as the markets are concerned, they want to try and get some kind of clarity for the next few months. after the la
jillian is on the set with us and you'll be here with us for the rest of the hour. we finally have movement. >> this is a cliffhanger. i think it's going to carry on for another couple days. >> that's a much better outcome. today is tuesday, isn't it? >> they don't want to spend christmas in washington, do they? >> you have thursday, friday and monday, right? >> you have a lot of aides prepared to come back after christmas to try and make sure they're not too far...
324
324
Dec 3, 2012
12/12
by
CNBC
tv
eye 324
favorite 0
quote 1
build on those, tell us how. but we can't react to anything until we see the details of the proposal and we need it on the rates and revenue side as well as on the spending side. we've given them our best view what makes sense for the country. >> meantime john boehner says that his party has a plan and he has already offered dozens of alternatives. >> you can cap deductions at a percent of income, that would be one way to get there. could you eliminate certain deductions for those wealthiest in our country. >> joining us on the topic is david walker. he's on his way here right now. >> and in global market news, a lot of talk about china this morning. a final reading of hsbc's manufacturing purchasing manager's survey for china rising in november, first time above the key 50 mark which indicates expanding rather than contraction. it's been since october of last year. also abroad greece announcing it will buy back bonds through a dutch auction. the set up whether allow athenss to assess the level of demand before s
build on those, tell us how. but we can't react to anything until we see the details of the proposal and we need it on the rates and revenue side as well as on the spending side. we've given them our best view what makes sense for the country. >> meantime john boehner says that his party has a plan and he has already offered dozens of alternatives. >> you can cap deductions at a percent of income, that would be one way to get there. could you eliminate certain deductions for those...
185
185
Dec 13, 2012
12/12
by
CNBC
tv
eye 185
favorite 0
quote 0
leave us with something. give us hope. is there hope? you don't have to. you can depress us if you'd like. >> it's hard to have hope. but steve liesman was walking by a little while ago. he had a trip of bernanke talking about what the assets is for and what the fed funds rate is before and for the life of me it's really hard to reconcile what he said. he said these are two different objectives. one is for short-term stimulus, one is for longer-term economic management of some kind. and i, you know, that's the first time that he has talked in those terms about how they are really different objectives, like tools. i think for most people this is about you either ease financial conditions or you tighten them. so, if it's getting a little -- i think even the fed -- >> communicating at this point. >> i've been -- i've thought that for awhile, actually. >> because i think maybe just the message is getting confused in the marketplace, and maybe what's happening in front of us now was always happening behind the scenes. you know better than i do, but we just didn
leave us with something. give us hope. is there hope? you don't have to. you can depress us if you'd like. >> it's hard to have hope. but steve liesman was walking by a little while ago. he had a trip of bernanke talking about what the assets is for and what the fed funds rate is before and for the life of me it's really hard to reconcile what he said. he said these are two different objectives. one is for short-term stimulus, one is for longer-term economic management of some kind. and...
262
262
Dec 11, 2012
12/12
by
CNBC
tv
eye 262
favorite 0
quote 0
gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers may say the opposite. so interestingly, there's been some pretty leak free discussions going on, which i actually think is a good thing. they're obviously big, outstanding questions. you mentioned the tax rate issue. one question i keep coming up against is the president and john boehner are now supposedly having good, substantive discussions. can boehner bring the troops along? if he agrees with the president, can he get enough tea party republicans behind him to sale the deal? because that wasn't the case back in 2011. and, tony, i have to say, both sides seem to have really -- with all the rhetoric we've had lea
gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers...
270
270
Dec 10, 2012
12/12
by
CNBC
tv
eye 270
favorite 0
quote 1
he used to be at another company. pantheon you just started. >> yeah. >> and just hired five americans. >> what was it high frequency? we can't even say that? >> i didn't want to -- >> doesn't even exist anymore? >> so it's not exnay on the -- >> no one's ever left here. >> they poof. when they leave cnbc, never to be seen. >> right. >> so this was your first -- you just got here? you've never had another job, pantheon started here? >> i just learned it. >> all right. >> gentlemen, thank you very much. >> thank you. >> when we come back, we'll have more on the surprising same-store sales numbers from mcdonald's. we're going to be talking to an analyst who covers the stock. also avoiding the european model and our solution to the fiscal cliff. frits van paaschen on how to strike a deal that won't lead to lackluster growth. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose a
he used to be at another company. pantheon you just started. >> yeah. >> and just hired five americans. >> what was it high frequency? we can't even say that? >> i didn't want to -- >> doesn't even exist anymore? >> so it's not exnay on the -- >> no one's ever left here. >> they poof. when they leave cnbc, never to be seen. >> right. >> so this was your first -- you just got here? you've never had another job, pantheon started here?...
190
190
Dec 28, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
joining us now from ft. lauderdale, rich steinberg of steinberg asset management and our guest host for -- not just the hour, but for the program. what do you think down there in ft. lauderdale? first of all, do you think that the dust is going to settle at all over the next three days? >> well, if it does settle, it will be a mini deal because i think the republicans will hold the debt ceiling talks over the democrats heads going into the end of february. and, you know, it's kind of like halloween where your kids come home and they're trying to trade candy like, oh, i don't like this snickers kb whiff this. i think today they're going to start that process. they're going to have to try to come to a quick deal at least to get some solution for the amt issue, for the sequester and for unemployment. but even if we go off the cliff to markets, markets react to the unexpected, not the expected. >> knot nobody loves to market climb, but assuming you do have cash on the sidelines, people profit trying to get out o
joining us now from ft. lauderdale, rich steinberg of steinberg asset management and our guest host for -- not just the hour, but for the program. what do you think down there in ft. lauderdale? first of all, do you think that the dust is going to settle at all over the next three days? >> well, if it does settle, it will be a mini deal because i think the republicans will hold the debt ceiling talks over the democrats heads going into the end of february. and, you know, it's kind of like...
230
230
Dec 19, 2012
12/12
by
CNBC
tv
eye 230
favorite 0
quote 0
and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the same in either one. that's not -- what reid and i guess pelosi, you saw that, said she opposes the million-dollar thing. a lot of people if back on what they say. the difference would be that one is 250 and below, and the other is a million and below. more taxpayers would not see a tax inc
and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250...
202
202
Dec 5, 2012
12/12
by
CNBC
tv
eye 202
favorite 0
quote 0
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? >>> let's get final thoughts from our guest host. greg fleming. and we've heard, greg, if we could just do this that we're almost spring loaded for what could be pretty good gdp, lower unemployment, higher stock prices, we're ready to go except for this. >> well, i think that there's two aspects of this. one is what will happen if there isn't an agreement. not just the fiscal cliff, all of the other follow ones that we've talked about, amt and having a fight in january, february over the debt ceiling. but there's the other aspect, which i do think positions the economy to do better going
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? >>> let's get final thoughts from our guest host. greg...